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cliff. >> it doesn't matter. they're going to sit there for, what, 90 minutes, 30 minutes, 15? >> 90 minutes is excruciating. >> 90 minutes with mitt romney regardless of the person who's there would be pretty awkward. >> i think it's a good thing. i don't care what you all think anymore. >> he's over us. >> i do care about the 47 million people -- or 47% who voted for romney. i do care about you guys, right? that's cool. >>> up next, what women stand to lose in the fiscal fiasco. now president terry o'neill is in the guest spot. [ male announcer ] when a major hospital wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ] aflac! [ male announcer ] ...forbusiness.com. [ yawning sound ] try this... bayer? this isn't just a headache. trust me, this is new bayer migraine. [ male announcer ] it's the power of aspirin plus more in a triple action
cliff. >> it doesn't matter. they're going to sit there for, what, 90 minutes, 30 minutes, 15? >> 90 minutes is excruciating. >> 90 minutes with mitt romney regardless of the person who's there would be pretty awkward. >> i think it's a good thing. i don't care what you all think anymore. >> he's over us. >> i do care about the 47 million people -- or 47% who voted for romney. i do care about you guys, right? that's cool. >>> up next, what women...
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public opinion on their side over negotiations against house republicans on the so-called fiscal cliff. the president himself tweeted out plans for the q and a a short time ago saying he'll answer questions about the cliff, his proposal and pending tax hikes on the official white house twitter feed. press secretary jay carney insisted the white house is still optimistic it can reach a deal with congressional republicans. >> there has been progress, and we can achieve a bipartisan agreement. the obstacle remains at this point the refusal to acknowledge by republican leaders that there is no deal that achieves the kind of balance that is necessary without raising rates on the top 2%. >> and there are just 29 days to go for the two parties to find some sort of middle ground, and joining me now from the white house nbc news correspondent kristen welker. what's the back story on this it twitter q and a for the president, which should start any minute now? >> reporter: that's right. this is part of president obama's full court press to get the public on board to pressure republicans to sign
public opinion on their side over negotiations against house republicans on the so-called fiscal cliff. the president himself tweeted out plans for the q and a a short time ago saying he'll answer questions about the cliff, his proposal and pending tax hikes on the official white house twitter feed. press secretary jay carney insisted the white house is still optimistic it can reach a deal with congressional republicans. >> there has been progress, and we can achieve a bipartisan...
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Dec 4, 2012
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democratic caller in new york, what the make of the house gop. don the fiscal cliff? caller: would like to add something on the matter of taxes. it has been recommended, some years ago by a wall street banker, to have a 1% wealth tax from capital accumulation. someone that house $100,000 would pay $1 and dollars. a flat tax with everyone in. -- would pay $1,000. the good raise a tremendous amount of money even if the income tax rates went down. and this wondering if anyone would be in favor of such a tax. it would be a flat tax. as far as social security is concerned, i do not hear anything about the amount being raised. i think it is $110 and they could easily raise that and raise money there. -- i think it is $110,000. everyone under the wealth accumulation tax would pay that during their lifetime. i just wanted to throw that out as a possibility. host: and other baubles from the york. -- another bob. caller: and is wondering why the rich cannot pay their fair share. i live in upstate new york. the toll is at $10 and because i do not have some kind of sticker on my
democratic caller in new york, what the make of the house gop. don the fiscal cliff? caller: would like to add something on the matter of taxes. it has been recommended, some years ago by a wall street banker, to have a 1% wealth tax from capital accumulation. someone that house $100,000 would pay $1 and dollars. a flat tax with everyone in. -- would pay $1,000. the good raise a tremendous amount of money even if the income tax rates went down. and this wondering if anyone would be in favor of...
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Dec 6, 2012
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it is in the house. the issue of the fiscal cliff, what's it mean? it is probably the most known phrase in politics. they say, you have to wait for everything. people understand you have to do a piece of the puzzle. you can do it today. the opportunity to keep this economy moving, it has done very well the last few years. we always wait for the big deal and something never happens. this is a chance for the middle class tax cut. i would encourage every day, what is holding it out? -- it up? you will see yourself getting a tax cut for the remainder of next year if we just move them forward. again, it is finished of the senate side. >> i want to thank my colleagues for the leadership on the steering committee in this area. we have senator olympia snowe, bill kristol of the weekly standard, like simpson of idaho. david brooks. walter jones. the national review. we're here to say that passing the middle class tax cut is the right thing to do. you don't need to take our word for it. 2/3 of the american public agree with us. you don't need to take that word
it is in the house. the issue of the fiscal cliff, what's it mean? it is probably the most known phrase in politics. they say, you have to wait for everything. people understand you have to do a piece of the puzzle. you can do it today. the opportunity to keep this economy moving, it has done very well the last few years. we always wait for the big deal and something never happens. this is a chance for the middle class tax cut. i would encourage every day, what is holding it out? -- it up? you...
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to add vert the fiscal cliff scheduled for tomorrow, but, guess what? the president will not be attending it, secretary tim geithner will. regardless of the -show tomorrow, president obama is hopeful to get a deal done by christmas, not inspiring confidence for pushing small businesses as key democrati leaders refuse to put entitlements on the table. for more on all of this, republican congressman langford of oklahoma. congressman, welcome back, always great to have youere. >> thank y very much. gerri: president with strong words for congress. here's what he had to say. >> if congress does nothing, every family in america will see their taxes automatically go up at the beginning of next wreer. right now, as we speak, coness can pass a law that would prevent a tax hike on the first $250,000 of everybody's income. gerri: there's the president calling out congress. what do you have to say, congressman? >> yeah, here we go in the middle of this. the house passed all our tax things in april. we passed the sequestering documents in may. we waited for the sena
to add vert the fiscal cliff scheduled for tomorrow, but, guess what? the president will not be attending it, secretary tim geithner will. regardless of the -show tomorrow, president obama is hopeful to get a deal done by christmas, not inspiring confidence for pushing small businesses as key democrati leaders refuse to put entitlements on the table. for more on all of this, republican congressman langford of oklahoma. congressman, welcome back, always great to have youere. >> thank y...
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let us go over the fiscal cliff is necessary. keep sharing your thoughts with us on facebook and on twitter. one of the richest men in america is getting a free lunch at the white house. find out what mitt romney could bring to the table and the white house wants him to. we are right back. ♪ now, that's cardworthy. [ man ] all right. here we go. ♪ cardworthy. [ camera shutter clicks ] cardworthy. ♪ so not cardworthy. ♪ [ female announcer ] go to shutterfly.com for all your cardworthy moments and now get up to 40% off. >>> welcome back to "the ed show." kevin mccarthy has a movie night. he will be hosting a screening of the movie "lincoln" steven spielberg's portrayal of the republican party's most honored president. last year during the debt ceiling debate on capitol hill, mccarthy tried to rally republicans behind john boehner's plan with this clip from the town. >> i need your help. i can't tell you what it is. you can never ask me about it later. we are going to hurt some people. >> whose car are we going to take? >> i
let us go over the fiscal cliff is necessary. keep sharing your thoughts with us on facebook and on twitter. one of the richest men in america is getting a free lunch at the white house. find out what mitt romney could bring to the table and the white house wants him to. we are right back. ♪ now, that's cardworthy. [ man ] all right. here we go. ♪ cardworthy. [ camera shutter clicks ] cardworthy. ♪ so not cardworthy. ♪ [ female announcer ] go to shutterfly.com for all your cardworthy...
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cliff. it included $1.6 trillion in new revenue from tax hikes on the rich. the white house is giving $400 billion in savings from medicare and entitlements. there's also a request for at least $50 billion in infrastructure spending, mortgage relief, and other stimulus measures. none of this is a surprise to the republicans. this is what president obama campaigned on. it's also what republicans have been presented behind closed doors for weeks. "politico" reported on the deal taking shape behind the scenes. it includes most of the same details the white house has in its proposal. according to "politico" house republican leaders recognize president obama holds the high cards and the public is likely to blame republicans if negotiations blow up and the new year begins with a fiscal disaster. the facts didn't stop speaker boehner from claiming the white house is holding up negotiations. >> majority leader and i just had a meeting with the treasury secretary. it was frank, and it was direct. i w
cliff. it included $1.6 trillion in new revenue from tax hikes on the rich. the white house is giving $400 billion in savings from medicare and entitlements. there's also a request for at least $50 billion in infrastructure spending, mortgage relief, and other stimulus measures. none of this is a surprise to the republicans. this is what president obama campaigned on. it's also what republicans have been presented behind closed doors for weeks. "politico" reported on the deal taking...
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following the latest on the fiscal cliff fiasco. congress is facing the issue of the fiscal cliff and other tough economic decisions. why did just today republican leadership cancel tomorrow's session allowing the house to leave town with three days left on the legislative calendar? i'll talk with two democratic members of congress just and allyson schwartz and john yarmuth. i'll talk to roger simon. he has a scathing new column out on republicans. roger says, quote, listen to this, republicans have found their stab in the back. it was the minorities what done them in. that's what he wrote. we'll ask him about it. ♪ i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios stop! stop! stop! come back here! humans -- we are beautifully imperfect creatures living in an imperfect world. that's why liberty mutual insurance has your back with great ideas like our optional better car repla
following the latest on the fiscal cliff fiasco. congress is facing the issue of the fiscal cliff and other tough economic decisions. why did just today republican leadership cancel tomorrow's session allowing the house to leave town with three days left on the legislative calendar? i'll talk with two democratic members of congress just and allyson schwartz and john yarmuth. i'll talk to roger simon. he has a scathing new column out on republicans. roger says, quote, listen to this, republicans...
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. >> tonight, richard wolffe on today's nonsense from republicans and where a deal on the fiscal cliff stands. and former health insurance executive wendell potter on what obama's proposed $340 billion in medicare cuts will mean for seniors. >>> vice president joe biden stumps for the middle class at a retail store that treats its workers right. i'll talk costco and fiscal cliff with steve greenhouse of "the new york times." >>> plus hostess executives tank their company and cost the people their jobs. so why are they still demanding millions of dollars in bonuses? >>> and we'll tell you how senator john mccain fits in with congressman louie gohmert's latest conspiracy theory. >> this administration sent planes and bombs and support to oust gadhafi so al qaeda and the muslim brotherhood could take over libya. >>> good to have you with us tonight, folks. republicans are walking tall in public but hanging their heads behind closed doors. john boehner struck a defiant tone during a news conference today. he blamed the president and democrats for stalling negotiations on a debt deal. >> de
. >> tonight, richard wolffe on today's nonsense from republicans and where a deal on the fiscal cliff stands. and former health insurance executive wendell potter on what obama's proposed $340 billion in medicare cuts will mean for seniors. >>> vice president joe biden stumps for the middle class at a retail store that treats its workers right. i'll talk costco and fiscal cliff with steve greenhouse of "the new york times." >>> plus hostess executives tank...
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top republican literally chuckles at the white house offer on the fiscal cliff. where do we go from here? >>> the man in the middle, ambassador jon huntsman, what he has to say about his party post election and why he's defending susan rice on benghazi when so many other republicans are piling it on. >>> god deed gone viral, hero cop who bought boots for a homeless man on a cold new york city night. >> it is friday, november 30th. "starting point" begins right now. >>> our "starting point this morning, no tangible progress here in the fiscal cliff talks. the tone is turning nasty now. 32 days until the tax rates soar, spending gets slashed and congress, guess what, they break for the holidays in two weeks. >> this is where things stand right now. the president unveiling a plan that calls for $1.6 trillion in tax hikes, hikes, and $50 billion in new -- that's right, new infrastructure spending. he will use the manufacturing plant in pennsylvania as a backdrop today to try to sell this plan. republicans sure aren't buying it yet. they want to hear about spending cu
top republican literally chuckles at the white house offer on the fiscal cliff. where do we go from here? >>> the man in the middle, ambassador jon huntsman, what he has to say about his party post election and why he's defending susan rice on benghazi when so many other republicans are piling it on. >>> god deed gone viral, hero cop who bought boots for a homeless man on a cold new york city night. >> it is friday, november 30th. "starting point" begins right...
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the fiscal cliff now 31 days away, still no mention of sequestration cuts. cuts in the pentagon budget wit deadly consequences? can this congress and this president figure out how to do the right thing? admiral james lyons joins us next. ♪ lou: 31 days until the fiscal clef, the threat of sequestration largely being ignored. automatic spending cuts to the tune of 1 trillion over ten years, half coming from our defense budget. joining me now to discuss the impact on our military, nestle security, we are joined by hammer and -- admiral mes lyons. they to have you back with us. your thoughts on the impact of sequestration is, indeed, it goes into affect year. >> in the words of the secretary of defense, leon panet, this will be a disaster. what the obama administration is doing is unilaterally reducing the military capability of our forces. this is at a time when we have china with its massive force expansion, building a world capable force projection capability. we have the russians modernizing the russian forces. we still have the iranian problem totally un
the fiscal cliff now 31 days away, still no mention of sequestration cuts. cuts in the pentagon budget wit deadly consequences? can this congress and this president figure out how to do the right thing? admiral james lyons joins us next. ♪ lou: 31 days until the fiscal clef, the threat of sequestration largely being ignored. automatic spending cuts to the tune of 1 trillion over ten years, half coming from our defense budget. joining me now to discuss the impact on our military, nestle...
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some very insightful reporting. >>> 31 days out to the fiscal cliff. we will go live to see what the president is saying to house leaders and whether that will keep us any further away from the edge. >>> also, how did the president capture the latino vote? was it as simple as embracing immigration reform or was it something else? we'll talk about that, as well. you're watching msnbc, the place for politics. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills.
some very insightful reporting. >>> 31 days out to the fiscal cliff. we will go live to see what the president is saying to house leaders and whether that will keep us any further away from the edge. >>> also, how did the president capture the latino vote? was it as simple as embracing immigration reform or was it something else? we'll talk about that, as well. you're watching msnbc, the place for politics. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain...
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a campaign-style event to sort of drum up support for what the white house wants to do on fiscal cliff. you know, the president after he won re-election essentially said i know lots of you didn't vote for me. i've listened to you. i take your concerns to heart and we're going to move forward. does that apply to congressional republicans, kristen? does he hear what john boehner has to say? does he internalize it? do we hear something acknowledging republican resistance to what he laid out today in pennsylvania or not? >> reporter: well, i think he certainly is hearing and listening to john boehner, but he also believes that he has the upper hand having just won re-election and this trip to pennsylvania today is sort of a larger pr campaign that the president and the white house have been embarking on to get voters, to pressure congressional republicans to get onboard with the president's plan of increasing taxes on wealthier americans. he's traveling to pennsylvania today. he has had had business leaders here at the white house, also leaders of the progressive movement to sort of build
a campaign-style event to sort of drum up support for what the white house wants to do on fiscal cliff. you know, the president after he won re-election essentially said i know lots of you didn't vote for me. i've listened to you. i take your concerns to heart and we're going to move forward. does that apply to congressional republicans, kristen? does he hear what john boehner has to say? does he internalize it? do we hear something acknowledging republican resistance to what he laid out today...
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it's 29 days until the nation could fall off the fiscal cliff are the two sides closer, to avoid the massive tax increases and budget cuts? not according to house speaker john boehner. >> right now i would say we're nowhere. period. we're nowhere. >> the only thing standing in the way of that would be a refusal by republicans to accept the rates that are going to have to go up on wealthiest americans. i don't really see them doing that. >> nbc news white house correspondent, mike viquiera joining me now. treasury secretary timothy geithner, president obama's point man in these fiscal cliff negotiations, ran the gauntlet this morning. he appeared on all five sunday talk shows, including "meet the press" of course, what else did he say? >> craig, you know if we're in the posturing stage and a lot of people think we're still in the posturing stage with, 29 or 30 days to go. we better hope that they're just posturing, because after the period of optimism, the post-election talk of compromise, you remember john boehner came out the day after the election, the president spoke about comprom
it's 29 days until the nation could fall off the fiscal cliff are the two sides closer, to avoid the massive tax increases and budget cuts? not according to house speaker john boehner. >> right now i would say we're nowhere. period. we're nowhere. >> the only thing standing in the way of that would be a refusal by republicans to accept the rates that are going to have to go up on wealthiest americans. i don't really see them doing that. >> nbc news white house correspondent,...
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reaches the so-called fiscal cliff. and only 19 of those are business days. as yet there's been no counteroffer from the gop but today "the wall street journal" advises republicans to say the course writing given the political difficulty of reforming entitlements republicans are right to try get mr. obama's fingerprints on a deal this year. if mr. obama won't agree to these demin muss reforms republicans should let mr. obama own the debt crisis he has done so much to create. conservative commentator bill crystal says they're making a dangerous gamble. >> republicans are at risk in my view now of looking like they're defending, keeping the current tax rates for the wealthy. end of the day president obama is selling a simple message, i want to keep taxes low for middle-class americans and republicans look like -- i'm worried are in the position offiof ing -- looking as fe the don't care about middle class. >> joining us is the sage of capitol hill, boat shoe enthusiast and celebrity doppelganger, nbc's luke russert. >> go
reaches the so-called fiscal cliff. and only 19 of those are business days. as yet there's been no counteroffer from the gop but today "the wall street journal" advises republicans to say the course writing given the political difficulty of reforming entitlements republicans are right to try get mr. obama's fingerprints on a deal this year. if mr. obama won't agree to these demin muss reforms republicans should let mr. obama own the debt crisis he has done so much to create....
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let us go over the fiscal cliff is necessary. keep sharing your thoughts with us on facebook and on twitter. one of the richest men in america is getting a free lunch at the white house. find out what mitt romney could bring to the table and the white house wants him to. we are right back. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored heartburn pill? because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. >>> welcome back to "the ed show." kevin mccarthy has a movie night. he will be hosting a screening of the movie "lincoln" steven spielberg's portrayal of the republican party's most honored president. last year during the debt ceiling debate on capitol hill, mccarthy tried to rally republicans behind
let us go over the fiscal cliff is necessary. keep sharing your thoughts with us on facebook and on twitter. one of the richest men in america is getting a free lunch at the white house. find out what mitt romney could bring to the table and the white house wants him to. we are right back. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored heartburn pill? because this is america. and we don't just make things you want, we make things you didn't even...
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proposal to avert the fiscal cliff. >> i don't know much about the government. is that a good sign if they make a proposal? >> when you do that to me, i know you're not taking me seriously, right? >> sometimes getting really stupid offers, also not polite. >>> plus, an update on the condition of the former president george h.w. bush. he had a health scare in houston yesterday. we're going to tell you how he's doing this morning. >>> but first let's get to the news live at 5:30 here at 30 rock in new york city. this morning, president obama departs to pennsylvania where he will continue his campaign sales pitch on how to solve the country's fiscal challenges. yesterday treasury secretary tim geithner met with republicans to unveil the white house's budget proposal which includes $1.6 trillion in new tax revenue over ten years as well as $50 billion in additional stimulus spending. with limited details on spending cuts, the gop's reaction, less than encouraging. senator mitch mcconnell reportedly burst into laughter while geithner was in the middle of outlining ob
proposal to avert the fiscal cliff. >> i don't know much about the government. is that a good sign if they make a proposal? >> when you do that to me, i know you're not taking me seriously, right? >> sometimes getting really stupid offers, also not polite. >>> plus, an update on the condition of the former president george h.w. bush. he had a health scare in houston yesterday. we're going to tell you how he's doing this morning. >>> but first let's get to the...
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to avoid a fiscal cliff. cnbc's becky quick is here. what has more impact? the weekly jobless claims which have some sandy issues involved or the fiscal cliff talks? >> definitely the fiscal cliff. what you were talking about yesterday, boehner's comments really turned things around for the markets, all this sense of optimism all of a sudden. we saw the markets go from down triple digits for the dow up to triple digits. we haven't seen a swing like that since over a year ago. it's been october of 2011 was the last time it happened. it's definitely the fiscal cliff driving things. we heard commentary from lloyd blankfein, between that and the lead story -- one of the top stories on the front page of the "wall street journal" suggesting the president is flexible on the tax hikes, that sounds like a deal might get done. you see a gain of 50 or 60 points. gdp up 2.7% from 2%. there was concerning things when you dig into the numbers, it's all fiscal cliff all the time here, chuck. >> oh, hopefully, as you guys sa
to avoid a fiscal cliff. cnbc's becky quick is here. what has more impact? the weekly jobless claims which have some sandy issues involved or the fiscal cliff talks? >> definitely the fiscal cliff. what you were talking about yesterday, boehner's comments really turned things around for the markets, all this sense of optimism all of a sudden. we saw the markets go from down triple digits for the dow up to triple digits. we haven't seen a swing like that since over a year ago. it's been...
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it's expected they will talk about the fiscal cliff. there is also a lot of growing speculation there may be a role for romney in the obama administration. >> dozens of new york public schools victimized by looters in the aftermath of super storm sandy. the city reports 30 schools targeted including one in the rockaways and queens where nearly a hundred ipads and i macs were stolen. >> terrible. >> the looting losses rbt covered by insurance. >> clothes as eccentric as her music. yoko ono with a new line from a sketch she drew for her and john lennon's wedding. they were designed to celebrate john lennon's hot bod. tank tops with nipple cutouts, buttless pants which we are not going to show you. really. interesting. >> two words i thought you would never say. buttless pants. >>> president obama has dispatched one of his top money men to cut a deal with lawmakers. we are talking about that coming u. yep. the longer you stay with us, the more you save. and when you switch from another company to us, we even reward you for the time you spe
it's expected they will talk about the fiscal cliff. there is also a lot of growing speculation there may be a role for romney in the obama administration. >> dozens of new york public schools victimized by looters in the aftermath of super storm sandy. the city reports 30 schools targeted including one in the rockaways and queens where nearly a hundred ipads and i macs were stolen. >> terrible. >> the looting losses rbt covered by insurance. >> clothes as eccentric as...
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the fiscal cliff. >>> $7 coffee. starbucks thinks you will pay. coffee connoisseurs can pay $7 for a grande cup of costa rica fincapalamara. it's called mucho deneiro. cultivated from a central american bean known as geisha. it is extremely difficult to produce. the same america who spends $7 on lottery tickets you know you won't win. you can drink this. >> would you? >> to be honest, once i would. >> sucker. $7 coffee. you need music or television or something. >> people to dance. >> yeah. it's like the $5 shake in "pulp fiction." better be a good cup of coffee. a new report says president obama is being flexible with top tax rates as negotiations intensify. will that help republicans agree to a deal? we'll be talking to republican from wyoming senator john barrasso up next. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or e
the fiscal cliff. >>> $7 coffee. starbucks thinks you will pay. coffee connoisseurs can pay $7 for a grande cup of costa rica fincapalamara. it's called mucho deneiro. cultivated from a central american bean known as geisha. it is extremely difficult to produce. the same america who spends $7 on lottery tickets you know you won't win. you can drink this. >> would you? >> to be honest, once i would. >> sucker. $7 coffee. you need music or television or something....
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and more about the fiscal cliff negotiations with house majority leader eric kantor. >> what was your reaction? >> you know, i think we have said that offer is not a serious offer. all of a sudden they're asking for $1.6 trillion in tax hikes and nowhere near that number in spending reforms. and what we've always said is we want to fix the problem. we want to make sure that we get a hand on these unfunded obligations connected with the into itment programs. we want to start the spending problem so we can then go about trying to manage down the debt and deaf sifment and we don't want to aggravate a struggling economy. we want to get people back to work, which is why again, we take the position that raising tax rates is absolutely not something that helps get people back to work. >> what was the importance of that, rather than just going ahead with visas that you agree are very, very important? >> well, again, what we believe is this was the first step forward in terms of trying to address the need for mot earnization in our visa laws. and we have a system of lottery that, frankly, i th
and more about the fiscal cliff negotiations with house majority leader eric kantor. >> what was your reaction? >> you know, i think we have said that offer is not a serious offer. all of a sudden they're asking for $1.6 trillion in tax hikes and nowhere near that number in spending reforms. and what we've always said is we want to fix the problem. we want to make sure that we get a hand on these unfunded obligations connected with the into itment programs. we want to start the...
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will the white house let our economy go over the fiscal cliff if a deal on higher tax rates for the wealthy is not reached? we're checking it out. back in a moment. [ male announcer ] research suggests cell health plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. it's easy to follow the progress you're making toward all your financial goals. a quick glance, and you can see if you're on track. when the conversation turns to knowing where you stand, turn to us. wells fargo advisors. >>> welcome back. this very public negotiation on the fiscal cliff still does not seem to be closing in on a deal. the white house out in campaign style events regularly, making multiple media appearances, kle including timothy geithner right here in 25 minutes. >> but would things be done faster if it was done privately? in his latest column, jeff goldfor a compares u.s. budget talks to merger proxy battles. jeff joins us to explain about that. plus, we have bob from
will the white house let our economy go over the fiscal cliff if a deal on higher tax rates for the wealthy is not reached? we're checking it out. back in a moment. [ male announcer ] research suggests cell health plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. it's easy to follow the progress you're making toward all your financial goals. a...
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Nov 30, 2012
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reporters. >> you know, the president has warned us about the dangers of going over the fiscal cliff. but his actions have not matched his public statements. members of his own party seem quite comfortable with sending the economy over the fiscal cliff. >> the speaker's remarks riled the left and provoked this response from senate majority leader harry reid. >> he says that democrats have got to get serious about cuts, spending cuts. where is the disconnect, then? >> i don't understand his brain, so you should ask him. okay? >> with only a handful of legislative days left on the congress's calendar before the looming fiscal cliff becomes a raw reality, will the president and house gop find a way over the latest road black and back to the bargaining table? >> why did the white house decide to have this as their opening volley when they knew the response would be a negative one that they drew? >> was it hardball opening? yeah, of course it was. the question is, what's the counteroffer? >> i would imagine there has to -- tim geithner is too smart of a guy in this administration is fille
reporters. >> you know, the president has warned us about the dangers of going over the fiscal cliff. but his actions have not matched his public statements. members of his own party seem quite comfortable with sending the economy over the fiscal cliff. >> the speaker's remarks riled the left and provoked this response from senate majority leader harry reid. >> he says that democrats have got to get serious about cuts, spending cuts. where is the disconnect, then? >> i...
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Nov 29, 2012
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the market interpreted positive statements on a potential deal on the fiscal cliff by house speaker and rebounded from what had been a 112-point slide after the morning's opening bell. the dow jones industrials reversed, as i said, on the speaker's positive remarks and finished the session up 107 points. s&p up 11, nasdaq gained 24. all ten s&p 500 sectors moved higher on the day. that is the first time it has happened since october 4th. retailers drove the consumer discretionary sector energy industrials lead in the wake, and the rally started just minutes before house speaker made it clear that republicans are willing to deal on revenue and ready to find a resolution now >> we all know that we have had this spending crisis coming at like a eight train. it mst be dealt with. and in order to try to come to an agreement, republicans are willing to put revenue on the table, but it is time for the president and democrats to get serious about the spending problem that our country has. i am optimistic that we can continue to work together to avert this crisis sooner rather than later. lou: m
the market interpreted positive statements on a potential deal on the fiscal cliff by house speaker and rebounded from what had been a 112-point slide after the morning's opening bell. the dow jones industrials reversed, as i said, on the speaker's positive remarks and finished the session up 107 points. s&p up 11, nasdaq gained 24. all ten s&p 500 sectors moved higher on the day. that is the first time it has happened since october 4th. retailers drove the consumer discretionary sector...
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." >>> another day of fiscal cliff drama. stocks reversed early gains and fell shortly after house speaker john boehner dashed hopes that lawmakers were getting closer to agreeing on a year-end budget deal. but all three major markets did bounce back by the afternoon. >>> economic data was positive thursday, but we'll see what impact there is today from grim news out of europe. eurozone unemployment has hit another record high at 11.7% in october. >>> the number of retailers posted poor sales hammered by superstorm sandy's impact on the northeast. >>> a bankruptcy judge has given hostess final clearance to start selling off assets and approved $1.8 million in bonuses for company executives. >>> verizon wireless tops this year's "consumer reports" ranking of major carriers. it was at&t that came in last behind sprint and t-mobile, except among 4g users where it was the best. >>> and where is the best country to be born in 2013? well, when factoring in life expectancy, divorce rates and rainfall, it's switzerland, according to
." >>> another day of fiscal cliff drama. stocks reversed early gains and fell shortly after house speaker john boehner dashed hopes that lawmakers were getting closer to agreeing on a year-end budget deal. but all three major markets did bounce back by the afternoon. >>> economic data was positive thursday, but we'll see what impact there is today from grim news out of europe. eurozone unemployment has hit another record high at 11.7% in october. >>> the number...
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Nov 29, 2012
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fiscal cliff, subsequent meetings that took place in the select committee. i think there is far greater optimism because there is a true crisis on hand. everything that has been compressed into time and is awaiting before us. as he pointed out, comments today were very encouraging. the president remains very focused on this. he is taking that message out. i think it will take a matter of making sure that the business community ways in, that the academic community, the labor community, and the public in general does everything at stake here. and i do believe that congress will respond in a positive way. we all have our concerns. you have heard them outlined today by the vice chair himself. i am sure the republicans have their concerns as well. but i do think and remain optimistic that there is a great opportunity here for us to succeed. not by moving away from the core values that we stand for, but by embracing what we all now we agree on. >> can i add real quickly, you had to be in the room, first, because you have to see the enthusiasm that is in there. a l
fiscal cliff, subsequent meetings that took place in the select committee. i think there is far greater optimism because there is a true crisis on hand. everything that has been compressed into time and is awaiting before us. as he pointed out, comments today were very encouraging. the president remains very focused on this. he is taking that message out. i think it will take a matter of making sure that the business community ways in, that the academic community, the labor community, and the...
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Dec 3, 2012
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approving the fiscal cliff. the gop plan would cut $2.20 trillion. there is a combination of spending cuts, entitlement reform, and new revenue. to read the letter, go to our web site, c-span.org, and click on the link. the republicans say their proposal is based on a plan from a former chief of staff which is different from the plan offered from the simpson bolls commission. here is a look at how the recommendations from the simpson bolls commission -- simpson- bowles commission is being used. host: at the table now, paul simpson-bowles -- simpson- bowles first put out their plan. for dulles trillion in death as a reduction over 10 years. -- $4 trillion in deficit reduction over 10 years. when they put this out, what was the reaction? guest: republicans in congress were lukewarm to the plan. president obama praised the effort, and cautiously said nice things about the effort, but did not embrace it. host: bring us up to present day. two years have elapsed. the fiscal cliff is upon us. now we see the two lead of
approving the fiscal cliff. the gop plan would cut $2.20 trillion. there is a combination of spending cuts, entitlement reform, and new revenue. to read the letter, go to our web site, c-span.org, and click on the link. the republicans say their proposal is based on a plan from a former chief of staff which is different from the plan offered from the simpson bolls commission. here is a look at how the recommendations from the simpson bolls commission -- simpson- bowles commission is being used....
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Dec 6, 2012
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with 26 days to go until the country falls over the fiscal cliff, are we seeing some shift in the gop opposition to the president's plan? the president spoke with house speaker john boehner by phone yesterday. it was their first conversation in a week but neither side would characterize that conversation. they agreed not to talk about it publicly. there is this, though, on the front page of today's "washington post." many gop centrists and some conservatives are calling on house speaker john boehner to concede on rates now while he still has leverage and shows concern. ed, as we dive in on this post article, it goes down to points out the republicans do want something in return for this. they want to have some wins in this fight. perception is reality in washington, d.c. and across the land. so if they can give something that looks like, okay, we got a couple things out of this. but that's really not going to be the case when we look at the whole big picture, unless they do that two step, which is get the 98% out of the way and maybe fight over the next eight weeks before the debt cei
with 26 days to go until the country falls over the fiscal cliff, are we seeing some shift in the gop opposition to the president's plan? the president spoke with house speaker john boehner by phone yesterday. it was their first conversation in a week but neither side would characterize that conversation. they agreed not to talk about it publicly. there is this, though, on the front page of today's "washington post." many gop centrists and some conservatives are calling on house...
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Nov 30, 2012
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members of his own party some quite comfortable with the sending his party over the fiscal cliff. two 6 ago had a comfortable conversation and the white house. i would say two thanks. despite declines the president supports a balanced approach, the democrats have it to its various a barrel spending cuts. secondly, no progress has been made in the talks over the last a of weeks. this is not a game. jobs are on the line. the american economy is on the line. this is a moment for american leadership. it is the way ticket it done until washington. a mature0 lead and a had a meeting with his secretary. it was frank and d -- it was frank and direct. we saw to find out what the president is really willing to do. i remain hopeful that productive conversations can be made it into the it is ahead. elicited a leadership team met with a risk in bull's and leadership is above the business approach the warehouse as an annoyance. i have made clear that we have made the concessions on the line by putting ravenna's up front. many democrats grow up dozens of booklets that must be part of a sensible
members of his own party some quite comfortable with the sending his party over the fiscal cliff. two 6 ago had a comfortable conversation and the white house. i would say two thanks. despite declines the president supports a balanced approach, the democrats have it to its various a barrel spending cuts. secondly, no progress has been made in the talks over the last a of weeks. this is not a game. jobs are on the line. the american economy is on the line. this is a moment for american...
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Nov 29, 2012
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with the senate and the house and the white house trying to get together on how to avoid the fiscal cliff. give us a call at 1-866-55-press. and president obama with an unusual guest for lunch at the white house today. none other than mitt romney himself. tagg, by the way, was not invited. secret service says he couldn't bring tagg along with him. no photographers will be allowed. no alcohol will be served. the white house has not released what the agenda will be but they did release the menu. mitt romney will be served a healthy helping of crow. can't wait to see that. we'll be right back here. but first let's get all of the latest today's current news update from lisa ferguson out in los angeles. hi lisa, good morning. >> hey bill, good morning everyone. the election may be over but many of president obama's supporters are not ready to call it quits just yet. obama for america is out with a new poll this week surveying one million obama voters and they found 80% want to continue volunteering. that will most likely be around the president's legislative agenda. the survey found one out of
with the senate and the house and the white house trying to get together on how to avoid the fiscal cliff. give us a call at 1-866-55-press. and president obama with an unusual guest for lunch at the white house today. none other than mitt romney himself. tagg, by the way, was not invited. secret service says he couldn't bring tagg along with him. no photographers will be allowed. no alcohol will be served. the white house has not released what the agenda will be but they did release the menu....
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averts the fiscal cliff. millions of americans are not finding this partisan fighting so funny. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. buy now. save later. we create easy-to-use, powerful trading tools for all. look at these streaming charts! they're totally customizable and they let you visualize what might happen next. that's genius! we knew you needed a platform that could really help you elevate your trading. so we built it. chances of making this? it's a lot easier to find out if a trade is potentially profitable. just use our trade & probability calculator and there it is
averts the fiscal cliff. millions of americans are not finding this partisan fighting so funny. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok....
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the fiscal cliff. dissension within the ranks. it seems not all republican lawmakers and conservative groups are in lockstep with john boehner. earlier i spoke with one gop house member who hasn't been on the same wave length as the speaker recently. he's in senior leadership. here's what deputy whip congressman tom cole told me about those who in the party say taxes shouldn't be on the table. >> for those who say we're putting revenue on the table, the american people did that when they elected, you know, the president and a democratic senate again. again, they have to agree to a deal or tax rates on everybody go up. i think we shouldn't -- we should do everything we can to avoid that for as many people as we possibly can. >> "outfront" tonight, grover norquist, whose anti tax pledge signed by most sitting republican lawmakers on capitol hill has been a major point of contention in this debate. grover, let me start by asking you something congressman tom cole said. he said it's the american people who spoke. this was central to t
the fiscal cliff. dissension within the ranks. it seems not all republican lawmakers and conservative groups are in lockstep with john boehner. earlier i spoke with one gop house member who hasn't been on the same wave length as the speaker recently. he's in senior leadership. here's what deputy whip congressman tom cole told me about those who in the party say taxes shouldn't be on the table. >> for those who say we're putting revenue on the table, the american people did that when they...
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rejecting the republicans' fiscal cliff counter offer on tax reforms and spending cuts. the gop plan consists of $2.2 trillion in saving officials a decade including raging the age for medicare from 65 to 67 and lowering the cost of living increases for social security benefits. they also propose overhauling the tax code to generate $800 billion in new revenue but without raising taxes on the wealthy. frn in a letter to the president, republicans attempted to sell the offer as the erskine bowles plan, comparing it to the same offer he drew up last year. >> i think he'd disagree. >> the co-chair of obama's deficit commission, but yesterday mr. bowles flatly rejected that connection. meanwhile, the white house is turning to campaign style messaging as a reminder of whose tax plan was chosen in the court of public opinion on election day. >> under my plan, first of all, 98% of folks who make less than 250,000, you wouldn't see your income taxes go up a single dime. all right? because you're the ones who need relief. but we're not going to be able to get it done unless we al
rejecting the republicans' fiscal cliff counter offer on tax reforms and spending cuts. the gop plan consists of $2.2 trillion in saving officials a decade including raging the age for medicare from 65 to 67 and lowering the cost of living increases for social security benefits. they also propose overhauling the tax code to generate $800 billion in new revenue but without raising taxes on the wealthy. frn in a letter to the president, republicans attempted to sell the offer as the erskine...
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Nov 29, 2012
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the political theater over the fiscal cliff. treasury secretary tim geithner is on capitol hill right now set to meet with nancy pelosi in less than an hour. earlier today geithner met behind closed doors with house speaker john boehner, senate majority leader harry reid and frank mcconnell. the word he used to describe the overall negotiations, disappointing. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. listen, this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult leadership. campaign style rallies and one-sided leaks in the press are not the way to get things done here in washington. >> democrats today said they're confident a deal can be reached by christmas. but admit negotiations would need to pick up steam. as for senator reid, he says it's now up to the gop to make the next move. >> we're still waiting for a serious offer from the republicans. the president has made his proposal. we need a propos
the political theater over the fiscal cliff. treasury secretary tim geithner is on capitol hill right now set to meet with nancy pelosi in less than an hour. earlier today geithner met behind closed doors with house speaker john boehner, senate majority leader harry reid and frank mcconnell. the word he used to describe the overall negotiations, disappointing. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. listen, this...
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Dec 2, 2012
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help push his position on the negotiations over the fiscal cliff. and so what's happening is that you've got groups all over the country, making phone calls, canvassing, getting out there and putting pressure on lawmakers, republican lawmakers in the house and also democrats in the senate. to make clear what public opinion is. and to push them to compromise and to go with the white house, particularly on those tax rates for the wealthiest americans. one of the things they're doing at the holiday season is they've taken some classic american holiday tunes and rewritten the lyrics and they're sending carolling groups to congress at offices in the states. >> hey, robert, i want to take a look at the title of a new "washington post" article. the title, a detached romney tends wounds in seclusion after failed white house bid. the headline is brutal. can you interpret what mitt romney's life entails right now? >> 25 years after losing the white house in 1972 to richard nixon. george mcgovern was asked in the mid 1980s, how do you get over losing the white
help push his position on the negotiations over the fiscal cliff. and so what's happening is that you've got groups all over the country, making phone calls, canvassing, getting out there and putting pressure on lawmakers, republican lawmakers in the house and also democrats in the senate. to make clear what public opinion is. and to push them to compromise and to go with the white house, particularly on those tax rates for the wealthiest americans. one of the things they're doing at the...
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Nov 30, 2012
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with a lot more test off theosterone than the white house previously and not only the fiscal cliff but the susan rice. send her down there. send the cia down there. we are not moving and we are not going to let yougo get away with villinizing our administration a new obama going into the next 4iers. i am hoping we will see a lot more progressive reforms because of it. >> i hope you are right, too. we talked about this. something i want to get to at the top of the hour. obama has every reason right? to feel the power and exercise the power. every day -- i mean he won. okay? he won on november 6th, the popular vote the electoral vote overwhelmingly but i didn't realize there are still millions of votes still uncounted and every day, his margin keeps getting bigger and bigger and bigger. he is now a 51%, and romney is at 47%. there is something magic about the 47%. right? >> beautifully reviewed up. it's so good >> bill: the fact he ends up part of the 47%. obama, 51%. he beat romney by more than george bush beat john kerry in 2004. >> that's a solid, solid victory. he has a mandate. >> i
with a lot more test off theosterone than the white house previously and not only the fiscal cliff but the susan rice. send her down there. send the cia down there. we are not moving and we are not going to let yougo get away with villinizing our administration a new obama going into the next 4iers. i am hoping we will see a lot more progressive reforms because of it. >> i hope you are right, too. we talked about this. something i want to get to at the top of the hour. obama has every...
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as he tries to negotiate a deal do avoid that fiscal cliff. >>> time now is 6:08. let's check in with tara. what are you keeping an eye on? >> in san francisco we have issues actually with some backup. spinout near hospital suffer on 101 southbound and there are several cars that are in the fast lane and definitely having an impact on traffic. right now let's take a look at our maps. we can show you where we have other accidents brewing here. 280 northbound. and then we have flooding in the two right hand lanes. so be aware of that. and then if we head over to the oakland care you can -- oakland area we have slowing through the richmond area. we also have this accident still being cleared here at buchanan street and a stalled truck on 24 near the caldecott tunnel. if we take a live look at the bay bridge toll plaza, we have a lot of rain out there. the metering lights are on. you're looking at an extra 15 minutes to get into san francisco. here's a look at highway 24 live. that stalled truck could be causing big delays. let's check in with steve. >>> tara, thank yo
as he tries to negotiate a deal do avoid that fiscal cliff. >>> time now is 6:08. let's check in with tara. what are you keeping an eye on? >> in san francisco we have issues actually with some backup. spinout near hospital suffer on 101 southbound and there are several cars that are in the fast lane and definitely having an impact on traffic. right now let's take a look at our maps. we can show you where we have other accidents brewing here. 280 northbound. and then we have...
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Dec 7, 2012
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this is a 9 news fiscal cliff note. fact, if congress and the white house don't reach an agreement, your paycheck is going to go down. the reason? because the tax withholding in your paycheck is going to increase. here's the back story. the current payroll tax cut is set to expire december 31st. in dollars and cents this means that your payroll tax withholding is going from 4.2% to 6.2%. now why is this happening? many of the policies expiring at the end of the year like the payroll tax cuts and emergency unemployment benefits were originally passed on a temporary basis. the thinking was that the economy would be in much better shape by now and the policies could expire without causing a recession. >> you can learn more any time at www.wusa9.com and on 9 news. this has been a 9 news fiscal cliff note. >>> i'm colonel will bourn stationed in kabul afghanistan. i'd like to send out a many are rei christmas to my wife and family and -- merry christmas to my wife and family in northern virginia. >>> we are gearing up for a
this is a 9 news fiscal cliff note. fact, if congress and the white house don't reach an agreement, your paycheck is going to go down. the reason? because the tax withholding in your paycheck is going to increase. here's the back story. the current payroll tax cut is set to expire december 31st. in dollars and cents this means that your payroll tax withholding is going from 4.2% to 6.2%. now why is this happening? many of the policies expiring at the end of the year like the payroll tax cuts...
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cliff. today the house republicans in a big development put out a plan and i am sure it is not on its face acceptable to the president and the democrats here but interestingly it has the same total number of savings and tax revenues as the president does over 10 years, $2.2 trillion. that is a lot more spending and entitlement reform in the president plan -- republican land and the democratic plan but now they can fill things in and the president has to be at the table to close the deal. he has the mandate to do it. >>neil: part of the mandate means both sides should give a little. obviously the republican plan has a debt commission feel to it but beside that i am wondering if it and tough and i know you are leaving the senate and i have always said, and i am not blowing you smoke you are one who tries to find areas of agreement and move the ball forward and we can be dogmatic all we want but in the end, you have reminded me, senator, it is about getting things done and right now washington
cliff. today the house republicans in a big development put out a plan and i am sure it is not on its face acceptable to the president and the democrats here but interestingly it has the same total number of savings and tax revenues as the president does over 10 years, $2.2 trillion. that is a lot more spending and entitlement reform in the president plan -- republican land and the democratic plan but now they can fill things in and the president has to be at the table to close the deal. he has...
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brzezinski, about the fiscal cliff. i'd love your take on it, what signal it sends to the rest of the world that we don't seem to be able to put our economic house in order. >> well, the way you put it, you give the answer. your answer is right. we look a little bit disorderly. indecisive, leaderless. that's a real problem. and that's a problem that concerns me particularly on foreign affairs. the presidency, not just president obama, but the presidency in recent years has lost some of the terrain that they used to dominate in the making of foreign policy. i think president obama has to make a serious effort to regain it because he lost some of it himself. >> lost terrain to congress or to whom? >> to congress and to the world. that is to say his capacity to take decisive actions has been limited by congressional intervention, by the influence of lobbies, by the sense that he gives good speeches, very good speeches, and he really understands the world, but the follow-through in terms of policy is somewhat not there. so
brzezinski, about the fiscal cliff. i'd love your take on it, what signal it sends to the rest of the world that we don't seem to be able to put our economic house in order. >> well, the way you put it, you give the answer. your answer is right. we look a little bit disorderly. indecisive, leaderless. that's a real problem. and that's a problem that concerns me particularly on foreign affairs. the presidency, not just president obama, but the presidency in recent years has lost some of...
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. >> is the administration prepared to go over the fiscal cliff? >> absolutely. >> the gop is on the ropes and they're ready to cave. >> the house republican leadership are like generals, hunkered away in a bunker who don't realize that their army has already laid down its arms. >> what we got today was a seminar on how to surrender. >> need the president to scare the dickens out of those people. >> if congress in any way suggests they're going to tie negotiations to debt ceiling, folks, i will not play that game. >> do we need a better mouthpiece for the republicans. >> revenues will come from guess who? the rich. >> maybe they need to learn a thing or two from president obama. >> this is a solvable problem. i do remain optimistic that we can get something done that is good for families. ♪ >>> it's exactly one month since the president's resounding re-election, but if you thought the campaign was over, you'd be wrong. in the fight over the fiscal cliff, the president is again reaching out to voters for their support. this afternoon a northern vi
. >> is the administration prepared to go over the fiscal cliff? >> absolutely. >> the gop is on the ropes and they're ready to cave. >> the house republican leadership are like generals, hunkered away in a bunker who don't realize that their army has already laid down its arms. >> what we got today was a seminar on how to surrender. >> need the president to scare the dickens out of those people. >> if congress in any way suggests they're going to tie...
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at issue, the $800 billion in new tax revenue he proposed in a fiscal cliff deal which the white house quickly rejected because it does not raise taxes on the wealthy but aims to get the money through cuts in deductions. senator jim demint denounced boehner's plan as a tax hike that will, quote, destroy american jobs and allow politicians in washington to spend even more. senate minority leader mitch mcconnell also distanced himself from the boehner plan declining to endorse it yesterday. >> we've wasted enormous amount of time here sparring back and forth in public, and it strikes me it's a good time to get serious about the proposals. so i have no other particular observation than i commend the house republican leadership for trying to move the process along and getting to a point where hopefully we can have a real discussion. >> but why is the the gop still hot on its desire to raise money through cuts and deductions rather than an actual increase in the top end tax rate? well, i think it's likely because the most ductions in states happen to be the higher blue states. in other word
at issue, the $800 billion in new tax revenue he proposed in a fiscal cliff deal which the white house quickly rejected because it does not raise taxes on the wealthy but aims to get the money through cuts in deductions. senator jim demint denounced boehner's plan as a tax hike that will, quote, destroy american jobs and allow politicians in washington to spend even more. senate minority leader mitch mcconnell also distanced himself from the boehner plan declining to endorse it yesterday....
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Dec 1, 2012
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and the fiscal cliff negotiations are not going well at all. on thursday republicans leaked the white house's opening bid and we have some exclusive tape of that. >> all right. somebody will have to play a little game. we'll play yours. so let's just say that you paid me because it is in your interest to pay me. but i want your answer and the money by noon tomorrow. >> senator, you can have my answer now, if you like. my offer is this -- nothing. >> okay. maybe that's not actually exclusive tape of the budget negotiations, but it is kind of the spirit of the thing. president obama's opening bid to the republicans goes like this. first democrats get a trillion dollars in tax revenue by letting the high-income bush tax expire. that hatch matches the spending cuts in the 2011 debt ceiling deal. a trillion for a trillion. then democrats and republicans get 6 billion worth of stuff they want. democrats get 6 billion from tax reform and republicans get 600 billion in spending cuts of which 350 billion comes from medicare and other health problems and
and the fiscal cliff negotiations are not going well at all. on thursday republicans leaked the white house's opening bid and we have some exclusive tape of that. >> all right. somebody will have to play a little game. we'll play yours. so let's just say that you paid me because it is in your interest to pay me. but i want your answer and the money by noon tomorrow. >> senator, you can have my answer now, if you like. my offer is this -- nothing. >> okay. maybe that's not...
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Dec 3, 2012
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fiscal cliff proposal. treasury secretary tim geithner said it is now up to republicans to make the next move. >>> and tomorrow, colorado, connecticut, new york, massachusetts and tennessee will announce they will add at least 300 hours of learning time in some schools starting in 2013. either by longer days or by longer school years. we're going to have more news in one hour, but first, back to our program. >>> due to mature subject matter, viewer discretion is advised. >>> over the years of filming "lockup," we've seen a wide range of stories from positive ones with inmates who have found redemption or earned degrees to better their life in prison, to the negative, where the cycle of violence has actually escalated for them. they've become more violent and added more time to their sentences. >> stories of troubled childhoods, multiple incarcerations and violent crime convictions are common to many of the inmates at the penitentiary of new mexico, but none of them told us their personal stories of self-des
fiscal cliff proposal. treasury secretary tim geithner said it is now up to republicans to make the next move. >>> and tomorrow, colorado, connecticut, new york, massachusetts and tennessee will announce they will add at least 300 hours of learning time in some schools starting in 2013. either by longer days or by longer school years. we're going to have more news in one hour, but first, back to our program. >>> due to mature subject matter, viewer discretion is advised....